Tribunal confirms JSE’s 20-year ban and R15m fine on Markus Jooste
The decision comes in the same week in which Steinhoff is due to be liquidated and delisted.
Markus Jooste
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FSCA welcomes decision to uphold revised R20m fine on Markus Jooste
‘Conduct of this kind undermines public confidence in financial markets and leads the general public to believe that the system is rigged and unfair,’ Tribunal says.
FSCA has applied to the High Court to overturn tribunal’s Viceroy decision
The penalties imposed by the Authority on Viceroy and Markus Jooste came to R211 million.
Regulators are turning up the heat on Markus Jooste
JSE imposes fines totalling R15 million and bars Steinhoff’s former chief executive from holding office as a director.
FSCA has another go at fining Markus Jooste
This is a year after the Financial Services Tribunal set aside the Authority’s penalty of almost R162 million.
Did grey-listing threat hasten Sarb to act against Markus Jooste?
The South African Reserve Bank (Sarb) this week moved to attach more than R1.4 billion in assets linked to former Steinhoff chief executive Markus Jooste, five years after it told Parliament it was […]
JSE fines former Steinhoff CFO a total of R2 million
The JSE has disqualified Steinhoff’s former chief financial officer, Ben la Grange, from acting as a company director for 10 years and fined him a total of R2 million. La Grange served as […]
Tribunal overturns Markus Jooste’s R162m fine
The Financial Services Tribunal has ordered the FSCA to come up with an “appropriate” administrative penalty on Markus Jooste after it set aside the fine of nearly R162 million the regulator imposed on […]
Markus Jooste appeals to Tribunal against R241 million administrative penalty
Netwerk24 reports that Markus Jooste’s legal team holds that the FSCA’s R241 million penalty is shockingly inappropriate in that he is also held accountable for the transgressions of those he advised to sell […]
